I made a chart on BTC, and it seems to be trading in a wedge. XRP is reacting to the BTC wedge. So on 22-March 4:00 am when BTC bounced off the top of the wedge, I looked at the XRP price. I set my XRP pink limit line at that price, about $.16 at that time for a quick trade.
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Here is my BTC chart, which I will use to trade XRP for a quick profit.
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So I'm waiting for BTC to reach point (3), and I will sell XRP.Note
tradingview.com/chart/tAWygro7/Here is the live BTC chart. Hope this works.
Trade closed: target reached
That was an unorthodox method, but it worked amazingly well. I called it perfectly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.